Violation Tracker Individual Record

Company: 
ZB N.A. (fka Zions First National Bank)
Current Parent Company: 
Zions Bancorporation
Penalty: 
$3,600,000
Year: 
2017
Date: 
September 28, 2017
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Secondary Offense: 
fraud
Violation Description: 

ZB, N.A, formerly known as Zions First National Bank, N.A., settled allegations that it and an affiliated payment processor facilitated consumer fraud by providing payment processing services to telemarketing and Internet merchants that were debiting money illegally from consumers' bank accounts.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
U.S. Attorney-Eastern District of Pennsylvania
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Utah
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.